MACROECONOMICS FOR TODAY
10th Edition
ISBN: 9781337613057
Author: Tucker
Publisher: CENGAGE L
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Question
Chapter 18, Problem 19SQ
To determine
The item that is not a part of current account.
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A country that is spending more than it makes
a- unstable
b- trade balance
c- trade deficit
c- trade surplus
If a country is importing more than it is exporting it will have a
balance of trade
trade surplus
trade deficit
balance of payments
If imports are products a country purchases exports are products a country
Chapter 18 Solutions
MACROECONOMICS FOR TODAY
Ch. 18.4 - Prob. 1GECh. 18.6 - Prob. 1GECh. 18 - Prob. 1SQPCh. 18 - Prob. 2SQPCh. 18 - Prob. 3SQPCh. 18 - Prob. 4SQPCh. 18 - Prob. 5SQPCh. 18 - Prob. 6SQPCh. 18 - Prob. 7SQPCh. 18 - Prob. 8SQP
Ch. 18 - Prob. 9SQPCh. 18 - Prob. 10SQPCh. 18 - Prob. 11SQPCh. 18 - Prob. 1SQCh. 18 - Prob. 2SQCh. 18 - Prob. 3SQCh. 18 - Prob. 4SQCh. 18 - Prob. 5SQCh. 18 - Prob. 6SQCh. 18 - Prob. 7SQCh. 18 - Prob. 8SQCh. 18 - Prob. 9SQCh. 18 - Prob. 10SQCh. 18 - Prob. 11SQCh. 18 - Prob. 12SQCh. 18 - Prob. 13SQCh. 18 - Prob. 14SQCh. 18 - Prob. 15SQCh. 18 - Prob. 16SQCh. 18 - Prob. 17SQCh. 18 - Prob. 18SQCh. 18 - Prob. 19SQCh. 18 - Prob. 20SQ
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Similar questions
- The following table shows a hypothetical balance-of-payments statement for the United States. All figures are in billions of dollars. Complete the table by filling in the missing cells. Balance of Payments (Billions of U.S. dollars) Current Account Goods and Services Exports 200 Goods and Services Imports -182 Trade Balance Income (net) -10 Current Account Balance Capital Account U.S. Capital Inflow 80 U.S. Capital Outflow -60 Capital Account Balance Statistical Discrepancy According to the table, the United States is running a trade . The net balance of payments equals billion.arrow_forwardCountries which export more than they import have a balance of payments trade surplus trade deficit imbalance of paymentsarrow_forwardIf a country devalues its currency, that will immediately improve its trade deficit. T/Farrow_forward
- The table below depicts the Balance of Payments for Country A. (a) State Country A’s trade balance(b) State Country A’s current account balance(c) State Country A’s financial account balancearrow_forwardWhy do businesses pursue international expansion beyond their domestic markets?arrow_forwardExports $750 Imports $600 Net income from abroad -$225 Net unilateral transfers $30 Based on the data above, what is the current account and financial/capital account balance? The current account is in deficit, and the financial/capital account is in surplus. The current account and financial/capital account are both in deficit. The current account and financial/capital account are both in surplus. The current account is zero, and the financial/capital account is in surplus.arrow_forward
- In relation to a country's economy, the more a country imports and the worse the current account becomes, what happens?arrow_forwardImports, exports, and the trade balancearrow_forwardIf the current account is in surplus and the capital account is zero, then the financial account must be in deficit. the trade balance must be in deficit. the balance of payments must be in deficit. there is a capital inflow.arrow_forward
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